1 Forbes St, Chelsea, MA

$29,999,900

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17.86

Acres

About 1 Forbes St

ALL OFFERS CONSIDERED... Rare indeed! Potential landmark development, if not the largest parcel available in the Boston area. LAND ONLY… Sitting on 17.86 acres on Chelsea Creek in Chelsea and PREVIOUSLY approved for 590 residential units and 20,000 sq ft of retail and 963 parking spots in a phased development on Rt 1a across from Suffolk downs and under 10 minutes to Logan. A copy of the previous approval is available on request. Across from Orient heights. Possible creative options available for a phased development. There are currently 4 structures on the parcel including 'Mill Type' buidings in various states of disrepair, currently unsafe by all practical standards. Three other adjacent parcels on Crescent Ave are also included. Price is 'as is' but seller is offering options depending on how the deal is structured. Buyer will need to have new plans approved. ALL PREVIOUSLY APPROVED PLANS HAVE EXPIRED.

Features of 1 Forbes St

MLS® # 73340334
Price $29,999,900
Bathrooms 0.00
Acres 17.86
Type Land
Status Active

Community Information

Address 1 Forbes St
City Chelsea
County Suffolk
State MA
Zip Code 02150

Amenities

Is Waterfront Yes
Has Pool No

Interior

Fireplace No

Additional Information

Zoning Commercial

Listing Details

Agent The Steve Bremis Team
Office Steve Bremis Realty Group

Listing Map

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